ANZ picks BAML banker as new China CEO

ANZ bank_resized_230px
By Mark Baker
06 Nov 2014

ANZ has moved to strengthen its China franchise by appointing a senior banker from Bank of America Merrill Lynch as its new CEO of China and head of Greater China. Huang Xiaoguang joins in January 2015 and will report to Farhan Faruqui, CEO of international banking.

Huang's move continues a merry-go-round for senior China banking jobs. He was president of Bank of America China from 2010 until this year, but had also been co-head of global corporate and investment banking for BAML China since September, when Alex To joined the US bank as the other ...

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